In the following video segment, Motley Fool analyst Austin Smith discusses with host Chris Hill two irrational fears homebuyers worry about when thinking about purchasing a home on today's market: rising prices, and rising interest rates. Austin spells out why prospective homebuyers shouldn't be concerned with these at the moment over a 30-year timeline, and he warns those looking into buying a home about what the real potential danger is.

With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery," outlines three companies that could take off when the global economy gains steam. Click here to read the full report!

The article The 2 Biggest Homebuyer Fears Are Irrational originally appeared on Fool.com.

Austin Smith, Chris Hill, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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